Mutual Trend Analysis Report
Prepared for you on Wednesday, May 23, 2018.
JOHN HANCOCK REGIONAL BANK FUND - CL B (NASDAQ:FRBFX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for FRBFX
The long term trend has been UP since Sep 27th, 2017 at 24.93
The intermediate term trend has been DOWN since Mar 22nd, 2018 at 27.10
The short term trend has been UP since Mar 26th, 2018 at 26.12
Smart Scan Analysis for FRBFX
Based on a pre-defined weighted trend formula for chart analysis, FRBFX scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||28.5||52wk High Date||2018-03-09|
|52wk Low||22.66||52wk Low Date||2017-09-07|
|Year End Close||26.21||Payment Date||2017-12-18|